Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
THE BEVERLY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1660 HIGHWAY 100 S 303
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNEAPOLIS, MN55416
A Employer identification number

41-1958161
B Telephone number (see instructions)

(952) 545-3000
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$30,689,654J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 76,114 64,052  
4 Dividends and interest from securities... 368,138 368,138  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,725,282
b Gross sales price for all assets on line 6a 1,725,282
7 Capital gain net income (from Part IV, line 2)... 1,717,335
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -70,093 -18,359  
12 Total. Add lines 1 through 11........ 2,099,441 2,131,166  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 8,925 4,462   4,463
c Other professional fees (attach schedule).... Click to see attachment 353,974 215,974   138,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 20,146 8,970   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 113,225 88,107   24,694
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 496,270 317,513   167,157
25 Contributions, gifts, grants paid....... 2,192,498 2,192,498
26 Total expenses and disbursements. Add lines 24 and 25 2,688,768 317,513   2,359,655
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -589,327
b Net investment income (if negative, enter -0-) 1,813,653
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 41,775 25,837 25,837
2 Savings and temporary cash investments......... 513,023 353,822 353,822
3 Accounts receivable bullet2,252
Less: allowance for doubtful accounts bullet     2,252 2,252
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 9,163,165 Click to see attachment9,217,371 15,218,862
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment8,963,087 Click to see attachment8,492,441 Click to see attachment15,088,881
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,681,050 18,091,723 30,689,654
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 18,681,050 18,091,723
29 Total net assets or fund balances (see instructions)..... 18,681,050 18,091,723
30 Total liabilities and net assets/fund balances (see instructions). 18,681,050 18,091,723
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
18,681,050
2
Enter amount from Part I, line 27a .....................
2
-589,327
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,091,723
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
18,091,723
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a US BANK INVESTMENTS      
b SECURITIES LITIGATION      
c PASSTHROUGH SEC 1256 LT P    
d PASSTHROUGH SEC 1256 ST P    
e PASSTHROUGH ST GAIN P    
PASSTHROUGH LT GAIN, UBIT P    
ADJUST FOR UBIT CAP GAINS P    
PASSTHROUGH LT GAIN, UBIT P    
CAPITAL GAIN DISTRIBUTION P    
PASSTHROUGH LT GAIN P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,138,940     1,138,940
b 9     9
c 6,853     6,853
d 4,569     4,569
e 12,927     12,927
7,947     7,947
    7,947 -7,947
      0
13,634     13,634
540,403     540,403
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,138,940
b       9
c       6,853
d       4,569
e       12,927
      7,947
      -7,947
      0
      13,634
      540,403
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,717,335
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 25,210
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 25,210
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 10,216
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 24,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 34,716
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 350
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 9,156
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet9,156 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletSHERRI LEMANCZYK Telephone no.bullet (952) 545-3000

    Located atbullet1660 HIGHWAY 100 S SUITE 303MINNEAPOLISMN ZIP+4bullet55416
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    BEVERLY DEIKEL PRESIDENT, TREASURER
    1.00     		0 0 0
    1660 HIGHWAY 100 S SUITE 303
    MINNEAPOLIS,MN55416
    RONALD FINGERHUT SECRETARY
    0.50     		0 0 0
    1660 HIGHWAY 100 S SUITE 303
    MINNEAPOLIS,MN55416
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    ARL & ASSOCIATES NONPROFIT CONSULTING 138,000
    4598 CHANTREY PLACE
    MINNETONKA,MN55345
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 THE BEVERLY FOUNDATION ACCOMPLISHES ITS CHARITABLE PURPOSES SOLELY THROUGH MAKING CHARITABLE GIFTS AND DOES NOT CONDUCT ANY DIRECT CHARITABLE ACTIVITIES. SINCE THIS FOUNDATION'S CHARITABLE PROGRAMS CONSIST SOLELY OF GRANT-MAKING ACTIVITIES, NO ALLOCATION OF ADMINISTRATIVE EXPENSES BETWEEN GRANT ACTIVITIES, DIRECT CHARITABLE ACTIVITIES AND PROGRAM-RELATED INVESTMENTS IS REQUIRED. 0
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NONE 0
    2  
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    15,443,755
    b
    Average of monthly cash balances.......................
    1b
    1,266,236
    c
    Fair market value of all other assets (see instructions)................
    1c
    13,839,839
    d
    Total (add lines 1a, b, and c).........................
    1d
    30,549,830
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    30,549,830
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    458,247
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    30,091,583
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,504,579
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    1,504,579
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    25,210
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    25,210
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,479,369
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,479,369
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,479,369
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,479,369
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019...... 783,007
    e From 2020...... 949,068
    f Total of lines 3a through e ........ 1,732,075
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,359,655
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 1,479,369
    e Remaining amount distributed out of corpus 880,286
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 2,612,361
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		2,612,361
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019.... 783,007
    d Excess from 2020.... 949,068
    e Excess from 2021.... 880,286
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    BEVERLY DEIKEL
    1660 HIGHWAY 100 S SUITE 303
    MINNEAPOLIS,MN55416
    (952) 545-3000
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER OF REQUEST, ACCOMPANIED BY AUDITED FINANCIAL STATEMENT, TAX RETURN, OR EQUIVALENT FORM INDICATING FINANCIAL DATA
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ACHIEVE MINNEAPOLIS
    2829 UNIVERSITY AVENUE SE 850
    MINNEAPOLIS,MN55414     		N/A PC STEP UP PROGRAM 15,000
    ALZHEIMER'S ASSOCIATION
    7900 WEST 78TH STREET 100
    MINNEAPOLIS,MN55439     		N/A PC WALK SPONSOR 8,000
    AMERICAN FRIENDS OF LEKET
    PO BOX 2090
    TEANECK,NJ07666     		N/A PC GENERAL OPERATING/ISRAEL'S FOOD BANK 20,000
    AMERICAN FRIENDS OF NISHMAT
    520 8TH AVENUE 4TH FLOOR
    NEW YORK,NY10018     		N/A PC ETHIOPIAN WOMEN'S EDUCATIONAL PROGRAM 35,000
    AMERICAN ISRAEL EDUCATION FOUNDATION
    251 H STREET NW
    WASHINGTON,DC20001     		N/A PC GENERAL OPERATING 50,000
    AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC
    220 EAST 42ND STREET 400
    NEW YORK,NY10017     		N/A PC GENERAL OPERATING 10,000
    APPETITE FOR CHANGE
    1200 W BROADWAY AVENUE 180
    MINNEAPOLIS,MN55411     		N/A PC GENERAL OPERATING 10,000
    AVENUES FOR HOMELESS YOUTH
    1708 OAK PARK AVENUE NORTH
    MINNEAPOLIS,MN55411     		N/A PC GENERAL OPERATING 10,000
    BRIDGE FOR YOUTH
    1111 WEST 22ND STREET
    MINNEAPOLIS,MN55405     		N/A PC GENERAL OPERATING 10,000
    CENTER SCHOOL NA-WAY-EE
    2421 BLOOMINGTON AVENUE SOUTH
    MINNEAPOLIS,MN55404     		N/A PC SUMMER SCHOOL 25,000
    COLEL CHABAD
    806 EASTERN PARKWAY
    BROOKLYN,NY11213     		N/A PC HUNGER RELIEF 16,800
    DELIVERING GOOD
    266 W 37TH STREET 22ND FLOOR
    NEW YORK,NY10018     		N/A PC GENERAL OPERATING 10,000
    FOOD GROUP THE
    8501 54TH AVENUE NORTH
    NEW HOPE,MN55428     		N/A PC FARMER SUPPORT 25,000
    FRIENDS OF THE ARAVA INSTITUTE
    1320 CENTRE STREET SUITE 206
    NEWTON CENTER,MA02459     		N/A PC GENERAL OPERATING 10,000
    FRIENDS OF THE MISSISSIPPI RIVER
    101 E FIFTH STREET 2000
    ST PAUL,MN55101     		N/A PC GENERAL OPERATING 5,000
    GREATER MINNEAPOLIS CRISIS NURSERY
    4544 4TH AVE S
    MINNEAPOLIS,MN55419     		N/A PC GENERAL OPERATING 5,000
    HADASSAH
    40 WALL STREET
    NEW YORK,NY10005     		N/A PC GENERAL OPERATING 5,000
    HANDS ACROSS THE SEA INC
    PO BOX 55071 SUITE 85043
    BOSTON,MA02205     		N/A PC WORK IN DOMINICA 40,000
    HILLEL UMN
    1521 UNIVERSITY AVE SE
    MINNEAPOLIS,MN55414     		N/A PC GENERAL OPERATING 16,668
    ISRA AID GLOBAL HUMANITARIAN ASSISTANCE
    555 COLLEGE AVENUE
    PALO ALTO,CA94306     		N/A PC GENERAL OPERATING/ DOMINICA AID/BAHAMA AID 365,000
    ISRAEL GUIDE DOG CENTER FOR THE BLIND
    968 EASTON ROAD SUITE H
    WARRINGTON,PA18976     		N/A PC PARTNERSHIP 25,000
    JEWFOLK MEDIA
    4330 S CEDAR LAKE ROAD
    ST LOUIS PARK,MN55416     		N/A PC GENERAL OPERATING 20,000
    JEWISH COMMUNITY RELATIONS COUNCIL
    12 N 12TH STREET SUITE 480
    MINNEAPOLIS,MN55403     		N/A PC GENERAL OPERATING/ TOLERANCE MN 80,000
    JEWISH FAMILY & CHILDREN'S SERVICE OF MINNEAPOLIS
    5905 GOLDEN VALLEY ROAD
    GOLDEN VALLEY,MN55422     		N/A PC GENERAL OPERATING 85,500
    KESHET
    284 AMORY STREET
    BOSTON,MA02130     		N/A PC GENERAL OPERATING 5,000
    MAYO CLINIC
    200 FIRST STREET SW
    ROCHESTER,MN55905     		N/A PC SUPPORT KOGOD CENTER ON AGING 50,000
    MAZON-JEWISH RESPONSE TO HUNGER
    10850 WILSHIRE BLVD 400
    LOS ANGELES,CA90024     		N/A PC GENERAL OPERATING 2,500
    MEET INTERNATIONAL INC
    177 HUNTINGTON AVENUE 1703
    BOSTON,MA02115     		N/A PC GENERAL OPERATING 20,000
    MINNEAPOLIS JEWISH DAY SCHOOL
    4330 S CEDAR LAKE ROAD
    MINNEAPOLIS,MN55416     		N/A PC GENERAL OPERATING 10,000
    MINNEAPOLIS JEWISH FEDERATION
    111 CHESHIRE LAND SUITE 50
    MINNETONKA,MN55305     		N/A PC GENERAL OPERATING 5,000
    MOVEFWD
    1001 HIGHWAY 7 237
    HOPKINS,MN55305     		N/A PC GENERAL OPERATING 10,000
    NATIONAL COUCIL OF JEWISH WOMEN
    2055 L STREET NW 650
    WASHINGTON,DC20036     		N/A PC GENERAL OPERATING/CONFERENCE SCHOLARSHIPS 1,000
    NAT'L PARKINSON FOUNDATION MN
    8085 WAYZATA BOULEVARD 100
    GOLDEN VALLEY,MN55426     		N/A PC WALK SPONSOR 2,600
    NEW ISRAEL FUND
    6 EAST 39TH STREET 301
    NEW YORK,NY10016     		N/A PC CENTER FOR EDUCATIONAL INNOVATION 25,000
    OASIS FOR YOUTH
    2200 W OLD SHAKOPEE ROAD
    BLOOMINGTON,MN55431     		N/A PC GENERAL OPERATING 10,000
    OCEANS FORWARD
    808 GAIL AVENUE
    SUNNYVALE,CA94086     		N/A PC FISH HATCHERY 290,000
    PEF ISRAEL ENDOWMENT FUNDS
    630 THIRD AVENUE 15TH FLOOR
    NEW YORK,NY10017     		N/A PC CENTER FOR WOMEN'S JUSTICE 20,000
    PEF ISRAEL ENDOWMENT FUNDS
    630 THIRD AVENUE 15TH FLOOR
    NEW YORK,NY10017     		N/A PC IMPACT SE 32,500
    PLANNED PARENTHOOD
    671 VANDALIA ST
    ST PAUL,MN55114     		N/A PC GENERAL OPERATING 25,000
    PRISM
    1220 ZANE AVENUE NORTH
    GOLDEN VALLEY,MN55422     		N/A PC GENERAL OPERATING 2,500
    PROJECT FOR PRIDE IN LIVING INC
    1035 EAST FRANKLIN AVENUE
    MINNEAPOLIS,MN55404     		N/A PC GENERAL OPERATING 25,000
    RESOURCE FOUNDATION
    500 7TH AVENUE 8TH FLOOR
    NEW YORK,NY10018     		N/A PC DOMINICAN SUPPORT 73,830
    RESPECTABILITY
    11333 WOODGLEN DRIVE 102
    ROCKVILLE,MD20852     		N/A PC GENERAL OPERATING 25,000
    SCHECHTER INSTITUTE
    PO BOX 8500
    PHILADELPHIA,PA19178     		N/A PC GENERAL OPERATING 25,000
    SHOLOM FOUNDATION
    3620 PHILLIPS PARKWAY
    ST LOUIS PARK,MN55426     		N/A PC CAPITAL CAMPAIGN 400,000
    SMITHSONIAN INSTITUTION TRAVELING EXHIBITION SERVICE
    470 LENFANT PLAZA EAST SW SUITE
    7103
    WASHINGTON,DC20024     		N/A PC BIAS INSIDE US PROJECT 37,500
    SOJOURNER PROJECT INC
    PO BOX 272
    HOPKINS,MN55343     		N/A PC GENERAL OPERATING 10,000
    SOUTHSIDE FAMILY NURTURING CENTER
    2448 18TH AVENUE SOUTH
    MINNEAPOLIS,MN55404     		N/A PC GENERAL OPERATING 20,000
    STEP
    6812 W LAKE STREET
    ST LOUIS PARK,MN55426     		N/A PC GENERAL OPERATING 3,000
    SUSAN G KOMAN BREAST CANCER FOUNDATION
    960 SOUTHDALE CENTER
    EDINA,MN55435     		N/A PC WALK SPONSOR 1,100
    UNITED STATES HOLOCAUST MEMORIAL MUSEUM
    100 RAOUL WALLENBERG PLACE SW
    WASHINGTON,DC20024     		N/A PC GENERAL OPERATING 1,500
    VAIL PLACE
    23 9TH AVENUE SOUTH
    HOPKINS,MN55343     		N/A PC GENERAL OPERATING 5,000
    WALK-IN COUNSELING CENTER MINNESOTA
    2421 CHICAGO AVENUE SOUTH
    MINNEAPOLIS,MN55404     		N/A PC GENERAL OPERATING 10,000
    WASHBURN CENTER FOR CHILDREN
    1100 GLENWOOD AVENUE
    MINNEAPOLIS,MN55405     		N/A PC GENERAL OPERATING 15,000
    WILDERNESS WATCH
    PO BOX 9175
    MISSOULA,MT59807     		N/A PC GENERAL OPERATING/ SUPPORT WORK IN MN 5,000
    YOUTH FARM AND MARKET PROJECT
    128 WEST 33RD STREET 2
    MINNEAPOLIS,MN55408     		N/A PC GENERAL OPERATING 10,000
    ADL MIDWEST - ANTI-DEFAMATION COMMITTEE
    120 S LA SALLE STREET STE 1550
    CHICAGO,IL60603     		N/A PC GENERAL OPERATING 10,000
    ALS LES TURNER FOUNDATION
    5550 W TOUHY AVENUE STE 302
    SKOKIE,IL500773254     		N/A PC MEMORIAL 5,000
    AVIVO
    1900 CHICAGO AVENUE
    MINNEAPOLIS,MN55404     		N/A PC GENERAL OPERATING 10,000
    CENTER FOR PEACE COMMUNICATIONS
    630 E 24TH STREET
    BROOKLYN,NY11210     		N/A PC GENERAL OPERATING 10,000
    COMBAT HATE FOUNDATION
    2146 ARROWHEAD ROAD
    MOUNDRIDGE,KS67107     		N/A PC GENERAL OPERATING 10,000
    ICA FOOD SHELF
    12990 ST DAVIDS ROAD
    MINNETONKA,MN55305     		N/A PC GENERAL OPERATING 2,500
    JCRC OF SAN FRANSICO
    121 STEUART STREET STE 301
    SAN FRANSICO,CA94105     		N/A PC GENERAL OPERATING 10,000
    THE LINK
    1210 GLENWOOD AVENUE
    MINNEAPOLIS,MN55405     		N/A PC GENERAL OPERATING 10,000
    MINNESOTA JEWISH COMMUNITY CENTER
    4330 S CEDAR LAKE ROAD
    MINNEAPOLIS,MN55416     		N/A PC GENERAL OPERATING 10,000
    PEF ISRAEL ENDOWMENT FUNDS
    630 THIRD AVENUE ROOM 1500
    NEW YORK,NY10017     		N/A PC SHAHARIT: CREATING A COMMON CAUSE 25,000
    PERSPECTIVES INC
    3381 GORHAM AVENUE
    MINNEAPOLIS,MN55426     		N/A PC GENERAL OPERATING 10,000
    Total .................................bullet 3a 2,192,498
    bApproved for future payment
    AMERICAN FRIENDS OF NISHMAT
    520 8TH AVENUE
    NEW YORK,NY10018     		N/A PC ETHIOPIAN WOMEN'S PROGRAM 35,000
    DELIVERING GOOD
    266 W 37TH STREET 22ND FLOOR
    NEW YORK,NY10018     		N/A PC GENERAL OPERATING/AFGHANISTAN REFUGEE HELP 10,000
    HANDS ACROSS THE SEA INC
    PO BOX 55071 SUITE 85043
    BOSTON,MA02205     		N/A PC LITERACY IN DOMINICA 40,000
    JEWFOLK MEDIA
    4330 S CEDAR LAKE ROAD
    ST LOUIS PARK,MN55416     		N/A PC GENERAL OPERATING 20,000
    JEWISH FAMILY & CHILDREN'S SERVICE OF MINNEAPOLIS
    5905 GOLDEN VALLEY ROAD
    GOLDEN VALLEY,MN55422     		N/A PC GENERAL OPERATING 50,000
    NEW ISRAEL FUND
    6 EAST 39TH STREET 301
    NEW YORK,NY10016     		N/A PC REHOVOT SCHOOLS 25,000
    PROJECT FOR PRIDE IN LIVING INC
    1035 EAST FRANKLIN AVENUE
    MINNEAPOLIS,MN55404     		N/A PC GENERAL OPERATING 25,000
    SCHECHTER INSTITUTE
    PO BOX 8500
    PHILADELPHIA,PA19178     		N/A PC GENERAL OPERATING 25,000
    ADL MIDWEST - ANTI-DEFAMATION COMMITTEE
    120 S LA SALLE STREET STE 1550
    CHICAGO,IL60603     		N/A PC GENERAL OPERATING 10,000
    ALZHEIMER'S ASSOCIATION
    7900 WEST 78TH STREET 100
    MINNEAPOLIS,MN55439     		N/A PC LEWY BODY DEMENTIA RESEARCH 12,000
    AMERICAN FRIENDS OF LEKET
    PO BOX 2090
    TEANECK,NJ07666     		N/A PC GENERIAL OPERATING 20,000
    PEF ISRAEL ENDOWMENT FUNDS
    630 3RD AVENUE 15TH FLOOR
    NEW YORK,NY10017     		N/A PC CREATING A COMMON CAUSE 25,000
    RESPECTABILITY
    11333 WOODGLEN DRIVE STE 102
    ROCKVILLE,MD20852     		N/A PC GENERAL OPERATING 25,000
    Total .................................bullet 3b 322,000
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		900003 11,674 14 64,440  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		900003 7,947 18 1,717,335  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPASSTHROUGH UBI     		900003 -51,734      
    bPASSTHROUGH OTHER INCOME     14 -18,359  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. -32,113 2,131,554 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,099,441
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    THE BEVERLY FOUNDATION
    EIN:
    41-1958161
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 8,925 4,462   4,463

    TY 2021 AllOthProgRltdInvestmentsSch
    Name:
    THE BEVERLY FOUNDATION
    EIN:
    41-1958161
    Category Amount
    NONE 0

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE BEVERLY FOUNDATION
    EIN:
    41-1958161
    Name of Stock End of Year Book Value End of Year Fair Market Value
    PIMCO FDS TOTAL RETURN FUND 1,250,064 1,223,751
    VANGUARD FTSE ALL WORLD EX-US ETF 1,900,744 3,015,589
    VANGUARD TOTAL STOCK MARKET ETF 2,303,672 7,285,693
    TCW TOTAL RETURN BOND FUND I 1,251,605 1,232,725
    VANGUARD INFLATION 1,260,823 1,255,891
    VANGUARD INTERMEDIATE 1,250,463 1,205,213

    TY 2021 OtherAssetsSchedule
    Name:
    THE BEVERLY FOUNDATION
    EIN:
    41-1958161
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    CERBERUS INT'L 38,169 37,859 20,541
    CONAM 2017 MULTIFAMILY OPP 150,904 129,576 279,500
    DAVIDSON KEMPNER PARTNERS 1,937,844 2,089,900 2,126,898
    ABERDEEN VENTURE PARTNERS IV, L.P. 199,527 0 2,397
    ABERDEEN PRIVATE EQUITY LP 11,760 0 0
    ABERDEEN GLOBAL PARTNERS LP 761,646 574,925 1,415,564
    FORTRESS CREDIT OPP 188,655 190,067 89,358
    FORTRESS MSR 49,002 38,272 63,733
    GREENLIGHT MASTERS OFFSHORE LTD 1,000,000 100,000 1,726,730
    LYRICAL-ANTHEUS REALTY PARTNERS III, LP 40,719 1,986 598,259
    ACKERBERG INV FUND II 157,825 177,246 185,434
    GOLUB CAPITAL PTNRS II 747,150 646,117 875,000
    GOLUB CAPITAL PTNRS 12 478,492 812,854 900,000
    VALOR EQUITY PTNRS IV 809,855 827,978 2,301,714
    SHEPHERD INV. INTERNATIONAL LTD. 195,358 195,358 5,161
    STYX INTERNATIONAL FUND, LTD -658,948 -678,041 27,129
    SUN CAPITAL PARTNERS V, LP 202,423 199,251 114,838
    WALTON STREET REAL ESTATE IV, LP 361,139 242,973 516,469
    FORTRESS REAL ESTATE OPPORTUNITES FUND III(B) LP 191,215 712,431 729,498
    WALLEYE OPPORTUNITY FUND 1,000,000 1,000,000 1,396,360
    WHITEHAVEN CREDIT OPPORTUNITY 1,000,000 1,000,000 1,504,104
    JCR BEL AIR TC INVESTORS LLC 100,352 93,268 110,194
    24800 FORD LLC 0 100,421 100,000


    TY 2021 OtherExpensesSchedule
    Name:
    THE BEVERLY FOUNDATION
    EIN:
    41-1958161
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PASSTHROUGH CONTRIBUTIONS 136 0   118
    DUES & SUBSCRIPTIONS 24,576 0   24,576
    PASSTHROUGH INVESTMENT INT. EXP. 11,393 11,393   0
    PASSTHROUGH INVESTMENT EXPENSES 35,419 35,419   0
    PASSTHROUGH OTHER EXPENSES 41,701 41,295   0


    TY 2021 OtherIncomeSchedule2
    Name:
    THE BEVERLY FOUNDATION
    EIN:
    41-1958161
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PASSTHROUGH UBI -51,734 0 -51,734
    PASSTHROUGH OTHER INCOME -18,359 -18,359 -18,359


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE BEVERLY FOUNDATION
    EIN:
    41-1958161
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ASSET MANAGEMENT FEES 215,974 215,974   0
    ARL & ASSOCIATES 138,000 0   138,000


    TY 2021 TaxesSchedule
    Name:
    THE BEVERLY FOUNDATION
    EIN:
    41-1958161
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 7,135 7,135   0
    PASSTHROUGH FOREIGN TAXES PAID 1,835 1,835   0
    FEDERAL UBIT PAYMENTS 10,023 0   0
    STATE UBIT TAX PAYMENTS 1,153 0   0